BA Insurance Systems (BAIS)

 

Nominated to represent BA Insurance Systems in their commercial lease negotiation, TRS was briefed with a Preference to Go project. BAIS were located at 317 Pacific Highway, North Sydney – these premises were originally owned by BA Insurance System however had been recently sold. They were seeking to lease new office space with the desire for a higher grade property in North Sydney. TRS investigated the North Sydney market, identifying several qualified opportunities. On conclusion of all negotiations BAIS opted to Go, relocating to 90 Arthur Street, North Sydney using their incentive to assist towards their fit out and OPEX.

 

Parties involved in the transaction

  • Independent Advocate: TRS acting on behalf of BAIS
  • Landlord: Valad
  • Property Company: Colliers acting as Agent on behalf of the landlord
500 - 600sqm
/
North Sydney
/
Professional Service

Tenant Advocacy: 4 Months

  • Space evaluation
  • Market investigation & search
  • Inspections
  • Financial evaluations
  • Property negotiations
  • Lease execution for brand new building
  • Financial target exceeded

Fitout Advisory: 3 Months

  • Design brief
  • Contractor selection
  • Budgets
  • QS Selection
  • Fitout negotiations
  • Delivery and handover

We engaged TRS after spending time looking at the property market ourselves. We were struck by TRS’s knowledge & professionalism. TRS identified properties that met our requirements & then shepherded us through the task of securing the best commercial deal. We cannot recommend TRS highly enough.

Jim Armstrong Managing Director of BAIS
Savings Guarantee

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Level 15, 9 Hunter St
Sydney NSW 2000
T. 02 8243 6700

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Brisbane QLD 4000
T. 07 3012 6336